All Company cars articles – Page 9
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ArticleHow will the Spring Budget 2017 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered his first and last Spring Budget speech to the House of Commons on Wednesday 8 March 2017. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:The government’s tax-free childcare policy will be rolled out to parents with children ...
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Article12% rank health cash plans as their most valued benefit
Just over one in 10 (12%) respondents rank health cash plans as their most valued employee benefit, according to research by Willis Towers Watson.Its 2017 Willis Towers Watson employee benefits and wellbeing index, which surveyed 1,123 UK full and part-time employees aged between 18 and 64 years old, also found ...
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ArticleGovernment to invest in developing batteries for electric vehicles
Spring Budget 2017: The government will invest in the development, design and manufacture of batteries to power the next generation of electric vehicles.The investment will form part of the Industrial Strategy Challenge Fund (ISCF), which will receive an initial investment of £270 million in 2017-2018.In his Spring Budget 2017 speech, ...
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ArticleEXCLUSIVE: 65% of benefits professionals do not receive a car or car allowance
EXCLUSIVE: Almost two-thirds (65%) of HR and benefits professional respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December ...
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ArticleWhat impact will the Autumn Statement changes have on engagement with ultra-low emission vehicles?
Need to know:From April 2017, current tax and national insurance advantages for some company car salary sacrifice schemes will be removed, with the exception of arrangements relating to ultra-low emission vehicles.Pre-existing car salary sacrifice arrangements in place before April 2017 will be protected until April 2021.There will be new tax ...
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Supplier article
Are company cars taking up too much of your time?
Being responsible for even a small fleet of cars or vans can take up a huge amount of time: sourcing vehicles, scheduling planned maintenance, dealing with emergencies, repairs, parking tickets, speeding fines and so on.Additionally, unless you are ordering hundreds of vehicles, you won’t be getting the best discounts from ...
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Supplier article
Discounted brand-new cars on affordable monthly leases and finance
Being able to offer a fantastic benefits package to your staff is everyone’s goal but the reality of making it happen can be very different. With a wide range of ages and personalities across most organisations, finding something to suit everyone can be difficult. Traditional benefits are well established, but ...
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Supplier article
Car leasing – do you have the right benefits to attract new talent?
66% of permanent staff are considering moving jobs in 2017, and salary and benefits package is the number-one reason for the move.* As you know, people are attracted to work for your organisation for a variety of reasons: job satisfaction, progression, salary, location, challenge, environment, fabulous food offered in the ...
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ArticleFleet Alliance acquires Neva Consultants
Vehicle funding and fleet management organisation Fleet Alliance has acquired a controlling interest in contract hire and leasing services business Neva Consultants.East Sussex-based Neva Consultants, which provides fleet services to both corporate and private customers, will continue to trade as a separate brand under the umbrella of Fleet Alliance Group, ...
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Analysis
14: car schemes
Almost two-thirds (65%) of respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to the Employee Benefits Salary survey 2017, which surveyed a total of 249 respondents in November-December 2016.More than a third (39%) of respondents ...
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Case StudiesThe benefits offered by Norton Rose Fulbright
The workplace benefits on offer at Norton Rose Fulbright include:PensionGroup personal pension for all employees, with a 1% employer and 1% employee contribution.The employer offers matching contributions up to a 5% employee contribution.The organisation auto-enrolled in 2013, and auto-re-enrolled in November 2016.Group riskGroup income protection, employer paid.Life assurance, employer paid.Healthcare ...
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ArticleHow the Autumn Statement 2016 will affect pay and benefits
Chancellor Philip Hammond delivered his first, and with the scheduled changes to the fiscal event timetable, also his last, Autumn Statement on Wednesday 23 November 2016. Below is a summary of the key announcements impacting employers’ pay and benefits strategies:The range of benefits that attract tax and employer national insurance ...
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ArticleSG Fleet acquires Motiva Group
SG Fleet has acquired UK contract hire, short-term rental, and fleet management organisation Motiva Group.The acquisition by SG Fleet, which operates in the UK, New Zealand and Australia, aims to expand the organisation's presence in the UK contract hire market, and strengthen its commercial vehicle and daily rental operations.The acquisition ...
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ArticleHow the Autumn Statement 2016 will impact employee benefits
On 23 November 2016, Chancellor Philip Hammond delivered his Autumn Statement 2016 speech. Below is a round-up of the key announcements with a bearing on employee benefits:From April 2017, the government will limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a ...
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ArticleGovernment limits tax-efficient salary sacrifice arrangements
Autumn Statement 2016: From April 2017, the government will significantly limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a salary sacrifice arrangement.Pensions and pensions advice, childcare, bikes-for-work schemes, and ultra-low emission vehicles (ULEVs) will be exempt from the changes.Arrangements in place ...
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ArticleGovernment to introduce new company car tax bands for low-emission vehicles
Autumn Statement 2016: The government is to introduce new, lower bands of company car tax for the lowest-emitting cars.The announcement was made as part of today's (23 November 2016) Autumn Statement, with details of the new bands and rates set to be announced in the Finance Bill in December 2016.The ...
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ArticleGovernment invests in ultra-low emission vehicles and infrastructure
Autumn Statement 2016: Chancellor Philip Hammond has announced that the new National Productivity Investment Fund (NPIF) will invest in ultra-low emission vehicles (ULEVs).In his Autumn Statement speech, Hammond announced an investment of £390 million by 2020-21 in ULEVs, renewable fuels, and connected and autonomous vehicles (CAVs). This includes £80 million ...
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ArticleBenchmark your pay and benefits package
How does your salary stack up against your peers'? And how does your total remuneration package compare to other reward and benefits professionals?Take part in the exclusive Employee Benefits salary survey for the chance to benchmark your own benefits and compensation offering.We are particularly interested in finding out how salary ...
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Case StudiesThe benefits on offer at Goodman Masson
The workplace benefits on offer at Goodman Masson include:PensionStakeholder pension with a 1% employer and 1% employee contribution.Goodman Masson went through auto-enrolment in 2014.Group riskGroup income protection, employer-paid for some employees.Critical illness insurance, employer-paid for some employees.Healthcare and wellbeingPrivate medical insurance, voluntary basis, employee-paid.Eyecare vouchers, employer-paid for all employees.Personal accident ...
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ArticleHow to align employee demand with corporate objectives around company car schemes
Need to know:Small SUVs and low-emission cars are gaining increasing traction in the company car market.Employers must have a thorough understanding of how cars will be used and tailor scheme parameters accordingly.Offering a choice of models and manufacturers can ensure that company car schemes remain attractive to existing and potential ...